Author Topic: RNC continues to dwarf DNC in fundraising  (Read 192 times)

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Offline Formerly Once-Ler

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RNC continues to dwarf DNC in fundraising
« on: November 01, 2019, 02:20:31 pm »
https://www.nationofchange.org/2019/10/28/rnc-continues-to-dwarf-dnc-in-fundraising/

Quote
The DNC is not the only Democratic party committee to struggle with multimillion-dollar debt. The Democratic Senatorial Campaign Committee ended September with $17.6 million on hand, more than the $13 million cash reserve of the National Republican Senatorial Committee, but it stills bears a debt of $11.9 million. The committee raised $6.8 million in September, outpacing its GOP counterpart by almost $2 million.

The debt-free Democratic Congressional Campaign Committee is performing better than its Republican counterpart. The committee netted $12.9 million in September, including $8.3 million from individual donors. It only spent $5.5 million, leaving $36.2 million in the bank to defend the House.

The National Republican Congressional Committee, on the other hand, raised $7.8 million during the same period, keeping $23.9 million on hand by the end of September. It received more transferred funds than the DCCC from other political committees, but fell short in gathering support from individual donors. The committee received $861,078 in transfers, including $376,592 from House Minority Leader Kevin McCarthy’s joint fundraising committee, McCarthy Victory Fund.

I wonder what is going on in the House that is filling the DCCC coffers to overflow?